July 01, 2009

Notebook


Russian Facelift

Facebook to learn from
Odnoklassniki.ru

The Russian company Digital Sky Technologies purchased 1.96 percent of the global social networking giant Facebook. DST paid $200 million in the deal, thereby valuing Facebook at $10 billion. Facebook’s Mark Zuckerberg told journalists that the money will be used to develop the company, aiming to increase profits by 70 percent this year. 


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